USDJPY - PPI USD good for USD , increase in price
USDJPY trend forecast February 13, 2025
The Japanese Yen (JPY) extends its steady intraday climb against the US Dollar (USD), pushing the USD/JPY pair below the 154.00 threshold as the European session approaches on Thursday. Renewed selling pressure on the Greenback, coupled with the stronger-than-expected Japanese Producer Price Index (PPI) released earlier today, reinforces market expectations that the Bank of Japan (BoJ) will proceed with further rate hikes, providing additional support for the JPY. Moreover, a renewed decline in US Treasury bond yields adds to the Yen’s strength, enhancing its appeal as a lower-yielding yet stable asset.
USDJPY uptrend, break out of H1 trendline and wait for PPI USD news today, continue to increase
/// BUY USDJPY: zone 153.400-153.200
SL: 152.800
TP: 40 - 70 - 150pips ( 154.700 )
Safe and profitable trading
The Japanese Yen (JPY) extends its steady intraday climb against the US Dollar (USD), pushing the USD/JPY pair below the 154.00 threshold as the European session approaches on Thursday. Renewed selling pressure on the Greenback, coupled with the stronger-than-expected Japanese Producer Price Index (PPI) released earlier today, reinforces market expectations that the Bank of Japan (BoJ) will proceed with further rate hikes, providing additional support for the JPY. Moreover, a renewed decline in US Treasury bond yields adds to the Yen’s strength, enhancing its appeal as a lower-yielding yet stable asset.
USDJPY uptrend, break out of H1 trendline and wait for PPI USD news today, continue to increase
/// BUY USDJPY: zone 153.400-153.200
SL: 152.800
TP: 40 - 70 - 150pips ( 154.700 )
Safe and profitable trading
Zlecenie aktywne
Great : + 40 pips profit entry BUY USDJPY ( 153.400 -153.200 ) . Nice 
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💠 Trend analysis: XAU, BTC, Currency,...
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Powiązane publikacje
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